Is Carefree, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carefree is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Carefree was a Seller's Market.

Key Takeaway

Carefree is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Carefree, AZ

How much do homes in Carefree, AZ cost?

Median Sold Price

$1,088,450

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,450(+3.7%)

Key Takeaway

Homes in Carefree have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Carefree was $1,088,450 in November 2024, up 3.7% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $262K$265K
+1.1%
2 $630K$725K
+15.1%
3 $1.2M$1.0M
-15.7%
4 $1.5M$1.6M
+12.5%
5+ $1.9M$1.6M
-14.5%

Summary: Carefree housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 15.1%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 14.5%.

Median Sold Price Compared To Nearby Cities

Scottsdale
+6.9%
Deer Valley
+3.9%
Carefree
+3.7%
Tonto National Forest
+3.5%
Cave Creek
+2.9%

Housing Supply in Carefree, AZ

How many homes are available in Carefree, AZ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7074+5.7%

Summary: The Carefree real estate market had 74 homes for sale in November 2024, a 5.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1919
0.0%
3 2225
+13.6%
4 2019
-5.0%
5+ 911
+22.2%

Summary: The Carefree housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carefree, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Carefree in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for Carefree, AZ

How long does it take to sell a home in Carefree, AZ?

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days88 Days+23.1%

Summary: Homes in Carefree had an average of 88 days on market in Nov 2024, up by 23.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carefree are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Carefree; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Carefree, AZ

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